Direction Letter definition

Direction Letter means an NHS Pensions Direction letter issued by the Secretary of State in exercise of the powers conferred by section 7 of the Superannuation (Miscellaneous Provisions) Act 1967 and issued to the Supplier or a Sub-contractor of the Supplier (as appropriate) relating to the terms of participation of the Supplier or Sub-contractor in the NHS Pension Scheme in respect of the Eligible Employees;
Direction Letter means a letter signed by Seller directing the Servicer to send all Income with respect to the Purchased Assets, as well as any payments in respect of associated Hedging Transactions, to the Collection Account held by the Depository within one (1) Business Day of receipt.
Direction Letter means a joint letter of direction executed by the Investor and the Shareholder and delivered to the Escrow Agent. A Direction Letter shall (i) clearly identify itself as a Direction Letter delivered pursuant to this Agreement, and (ii) may direct the Escrow Agent to pay all or a specified portion of the Escrow Funds (as defined below) (and, if less than all of the Escrow Funds, the Direction Letter shall clearly state the "net amount payable") to a specified Person or Persons at a specified time or times and in a specified manner or manners, and (iii) may contain such other directions to the Escrow Agent as may be required by this Agreement, reasonably requested by the Escrow Agent or mutually agreeable to the Investor and the Shareholder.

Examples of Direction Letter in a sentence

  • Should the Government provide alternate Data Rights language in a Technical Direction Letter, the alternate language will be incorporated into the resulting Project Agreement and will supersede the language provided in this Article.

  • If any provision of this Buy Direction Letter is found to be illegal, invalid, void or unenforceable, such provision shall be severed and such illegality or invalidity shall not affect the remaining provisions, which shall remain in full force and effect.

  • An exception is for certain letter of credit grant transfers which require that an Allotment or Appropriation Adjustment Request (B-107) be used.

  • I agree to release, indemnify, defend and hold the Administrator and/or Custodian harmless from any claims, including, but not limited to, actions, liabilities, losses, penalties, fines and/or claims by others, arising out of this Buy Direction Letter and/or this investment, including, but not limited to, claims that an investment is not prudent, proper, diversified or otherwise in compliance with ERISA, the IRC and/or any other applicable federal, state or local laws.

  • Without the consent of Lender, neither Borrower nor Manager shall terminate, amend, revoke or modify any Tenant Direction Letter in any manner whatsoever, or direct or cause any Tenant to pay any amount in any manner other than as provided in the related Tenant Direction Letter.


More Definitions of Direction Letter

Direction Letter has the meaning set forth in Section 2.12(a)(i).
Direction Letter has the meaning set forth in Section 2.3(c); --------------
Direction Letter means (a) with respect to a borrowing of Loans on the Agreement Date, that certain Funding Direction Letter, dated as of the Agreement Date, by the Borrower to the Agent with respect to the distribution of the proceeds of the Loans and the other sources and uses of funds occurring on the Agreement Date and (b) with respect to a borrowing of DIP Delayed Draw Term Loans after the Agreement Date, any direction letter, dated as of the date of such borrowing, by and between the Borrower and the Agent, in form and substance reasonably satisfactory to the DIP Delayed Draw Lenders and the Agent, with respect to the distribution of the proceeds of such DIP Delayed Draw Term Loans and the other sources and uses of funds occurring on such date.
Direction Letter means a written direction letter delivered by the Borrower to the Administrative Agent, as the same may be amended, joined, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.
Direction Letter means one or more letters from the City to the Corporation directing the Corporation or the Trustee with respect to the payment of the money in the City Proceeds Account.
Direction Letter means one or more letters from the City to the Corporation directing the Corporation with respect to the payment of the money in the Proceeds Account.
Direction Letter has the meaning set forth in Section 3.3(b).